SKS Microfinance securitises portfolio worth Rs 321 crore

The portfolio of SKS Microfinance Ltd was securitised on Friday worth Rs 321 crore. This included two rated pool assignment transactions worth Rs 221 core and two assignment transactions worth Rs 100 crore from two public sector banks. These four transactions were closed at an annual interest rate of 12 per cent and priced 150 basis points lower than the previous two transactions closed by the company.